The Rail Ride Edition

Union Budget
2023

Surge in demand for rail logistics due to cost savings over road transport.

Government to allocate 2 Trillion Rupees to the Railway in budget

Freight Movement

Indian Railway is targeting to reach 45% of Freight movement by 2030.  Under focus is freight corridors, improved railway stations, compatible platforms and upgraded signaling systems.

Rising crude oil
prices

Union Budget 2023 : Focus is to be on electrification aggressivily for fuel efficiency and rising trade deficit

Disinvestment

Union Budget 2023 Expectation : Government to sell stake in railway stocks like IRCTC, IRCON, RVNL, if given good valuation

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